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Wich can improve the efficiency of of new jobs. However, this will require significant carve-outs of sectors and a move away from the capital headquarters mindset to create agencies, authorities and floating special purpose vehicles and successfully raise capital as listed entities to achieve this goal. The idea of a new India is feasible through initiatives that go beyond incrementalism, impact and building for purpose. Global brands, for their part, are highly profitable businesses and are judged on the impact they bring to the economy beyond their markets, with public eye and support being judged. In a democracy, it is politically difficult to reduce subsidies that keep millions of people living below the poverty line if most profitable businesses need incentives to open stores.
It is likely that these global brands will not touch the lives of the masses in any meaningful way over the next decade to support this cause. We live in an age of glocalization, and business strategies aligned with this school of thought will take off faster. Disclaimer: The views and opinions expressed are personal in nature and do not reflect the Job Function Email List official policy or position of any organization. Abhijit Bhattacharya's strategy to address the manufacturing challenge in India seems more suited to a bygone era than to today's economy. As has been widely discussed in the literature, especially in the past few years, the global economy is experiencing a Fundamental transformation.
The author of this article still views the entire economy and all its sectors through a general prism that is more suitable for an economy based on assets (rather than asset sharing). For example, it's difficult to agree with the criticism of the pricing strategy in India, as the author views the product as purely physical hardware quality without considering its platform value. Expanding on the logic put forward by. |